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$HNI said in 2Q16 it expects sales to be down 4-7%. Office Furniture sales are expected to be down 4-8% and supplies-driven Office Furniture sales are to be up 2% to down 2% or down 1-5% organically. Sales in the remaining Office Furniture businesses are forecast to be down 9-13% against strong prior year comparisons and a challenged China market.
$BA won a $22 billion deal from SpiceJet, their largest order from an Indian airline.
$FB stock remained in the green territory after Raymond James upgraded shares to strong buy from outperform, on expectations that overall 4Q16 ad spending was strong.
$ARRY Good day for the stock, jumped 7%. Great gains !
2017 was supposed to be another record year for automotive industry. Still, $F Ford thinks its profit will dip in 2017..!!
$KKR to buy Hitachi’s power tool unit Hitachi Koki for $1.3 billion. Looks like KKR & Co is going strong in Japan! Remember when it bought Calsonic Kansei a while back?